Pacific Sunwear Sees Income Drop in Q2
Pacific Sunwear of California, Inc. reported total sales for the second quarter of $313.7 million, an increase of 1.5% from $309.1 million last year. Second quarter net earnings were 14 cents per diluted share, down from 28 cents per share last year. Net
Cabela’s Accounting Review Sees No Top or Bottom Line Changes
Cabela's review of its prior accounting policies did not impact the Company's revenue, net income, total assets, stockholders' equity, or earnings per share for any prior periods. However, it did impact the company's statements of cash
Li and Fung First Half Earnings Out-Pace Sales
For the first half of 2006, profit attributable to shareholders reached HK$764 million ($98.5 million), an increase of 24% over the same period in 2005. The Group’s turnover increased by 19% to HK$28 billion ($3.6 billion). This increase is above the targ
Danner Awarded Marine Boot Contact
The U.S. Marine Corps has awarded Danner Boots, a subsidiary of LaCrosse Footwear, Inc., with a five-year contract (one-year base period and four-option years) to produce between 500 and 40,000 boots over the life of the contract. The contract total is fo
Sara Lee Apparel Shrugs Off Sales Dip to Post Income Gains
For the fourth quarter of fiscal 2006, Sara Lee's soon-to-be-spun-off Branded Apparel division reported net sales of $1.13 billion, down 2% from last year. Operating segment income increased 57% in the fourth quarter to $98 million, compared to $62 m
Berkshire Hathaway Completes Russell Corp. Deal…
At a special stockholder’s meeting on August 1, shareholders of Russell Corp. approved of the acquisition that will see Russell become a subsidiary of Fruit of the Loom, Inc., itself a subsidiary of Berkshire Hathaway Inc. The $18.00 per share selling pri
Sara Lee Announces Date and Plans for Apparel Spin-Off
Sara Lee Corporation has finalized plans that will see its apparel division spun-off to create a stand-alone, publicly traded company called Hanesbrands Inc., whose shares are expected to begin trading on the New York Stock Exchange under the symbol “HBI,
Federated Comps Increase 3.3% in July
Federated Department Stores, Inc. total sales were $1.608 billion for the month of July, an increase of 61.3% compared to total sales of $998 million in the same period last year. On a same-store basis, Federated's sales for July were up 3.3%…
WSA Sees Growth in Athletic
The WSA Show opened its doors with the biggest show in the history of the event with 1.2 million square feet of exhibits, 250 new exhibitors and participation from 90 countries. WSA sold out all 225,000 square feet of available space in the athletic and o
cuthbert Promoted at Primaloft; Rodney Lane Hired
PrimaLoft – Insulation Technology has promoted Steve Cuthbert to the newly created position of National Sales
Manager in charge of new business development and sales of PrimaLoft Yarn. Beginning August 7, 2006, Rodney Lane will replace Cuthbert as Eastern
Fox River Joins 1% for the Planet
Fox River has become one of the newest U.S. firms to join 1% For The Planet, an alliance of companies committed to leveraging their resources to create a healthier planet…
Fitness a Boost, BandB a Drag for Brunswick Q2…
Brunswick Corporation saw net sales for the second quarter increase 1% to $1.54 billion, up from $1.53 billion a year earlier. However, excluding incremental sales from acquired businesses, organic sales decreased 5% for the period. Net earnings from cont
Nautilus Q2 Income Slips on 6% Sales Increase
Nautilus, Inc. net sales for the three months ended June 30, 2006, were $137.6 million, compared to $129.6 million for the corresponding period last year, up 6.2%. Net income for the quarter was $1.7 million, or five cents per diluted share, compared with
Thule Sees Strong Growth In North America…
Thule is moving ahead with its plans to double the size of the company by the end of 2007, and is actually well on its way to accomplishing this goal by the end of the current financial year, one year ahead of schedule. This would make Thule an $825 milli
prAna Adds to Liz Claiborne Top and Bottom Line
Liz Claiborne reported better than expected earnings for the second quarter of 2006, with its newly acquired businesses, prAna and Mac & Jac – a high-end fashion apparel company, contributing $17 million in sales with $7 million in expenses for the quarte
